#BTC Bitcoin fell below $82,000 amid new Trump tariffs and a collapse of crypto stocks #TrumpTariffs
After the announcement of new tariffs by U.S. President Donald Trump, Bitcoin dropped to a level below $82,000, and shares of cryptocurrency companies also suffered significant losses.
In addition to Bitcoin, other cryptocurrencies also experienced losses: #XRP fell by 3.6% to $2.04, while #Ethereum dropped by 2.9% to $1,812.
Other crypto assets also suffered losses ranging from 5% to 20%.
Shares of cryptocurrency companies also reacted to the news:
Coinbase Global fell by approximately 4%.
Strategy (a major holder of Bitcoin) declined by 3%.
Mining companies such as MARA Holdings, Riot Platforms, and Bitfarms experienced losses ranging from 4% to 6%.